Demand for silver continues to rise sharply, driven primarily by the technology, electric vehicle, and solar power sectors—where silver is highly sought after due to its superior electrical conductivity. Meanwhile, silver supply remains limited because many mines only produce silver as a byproduct of copper, lead, or zinc—so even when prices rise, production does not immediately respond.Due to the combination of rising demand and slow supply growth, the silver market has recorded a structural deficit for several consecutive years. This provides a strong fundamental basis for the potential...
Geopolitical tensions and President Donald Trump's aggressive trade policies have also weighed on market sentiment. Trump has refused to extend tariffs targeting 14 countries and announced new tariffs of up to 50% on copper imports, as well as threats of 200% tariffs on pharmaceutical products.As of this writing, the price of silver is at $36,529. Source: CP-Newsmaker.id
Expectations that high US tariffs will support inflation in the coming months and force the Federal Reserve to keep interest rates stable for an extended period continue to support rising US Treasury bond yields.As of the release of this news, the price of gold was at $3,288. source: CP-Newsmaker.id
Spot silver prices fell slightly by around 0.2%. This decline was part of a measured correction following a sharp rally in early June, when prices briefly reached a 13-year high. On the fundamental side, industrial demand—particularly for clean technology sectors such as solar panels, electric vehicles, and 5G—remained the main driver of the increase. Although global supply remains tight, the production surplus is not keeping pace with surging demand. Similarly, geopolitical pressures are increasing interest in precious metals as a safe haven. Source: Newsmaker.id
Gold prices are currently hovering around $3,296. This decline was driven by global economic supply, a strengthening USD, and the lead-up to tonight's FOMC minutes. The nearest resistance level is at $3,310, while strong support is at $3,265. The market's current focus is on Trump's tariff decision and the FOMC minutes, which could be the catalyst for the next move. Source: ads-Newsmaker.id
Silver prices held firm near a 13-year high as markets weighed the latest U.S. trade policy moves.President Donald Trump announced new tariffs on 14 countries that have yet to reach a trade deal with Washington, including major exporters Japan and South Korea, both of which will face levies of 25%.As of this writing, Silver is at $36,721 Source: Newsmaker.id